Ukrainian grain market was sluggish last week

Last week, the Ukrainian grain market was sluggish. Domestic prices for all major cereals kept falling. CPT market was also quiet amid the decreased demand from importers for old-crop grain. A significant reduction of wheat and barley exports from Ukraine is expected in May-June.

Domestic grain CPT-port prices dropped on average by UAH 50-100/MT. New crop as well as strengthening of the national currency still pressured the domestic prices.

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